file photo Boyd Loving
New Jersey Last again tops nation in auto insurance rates and only lower gas prices are keeping state from most expensive place to own a car.
March 23,2015
the staff of the Ridgewood blog
Ridgewood NJ, The National Association of Insurance Commissioners says New Jersey motorists paid an average of $1,220 in 2012. That’s about 49 percent more than the national average of $815.https://newjersey.news12.com/news/report-new-jersey-tops-nation-in-auto-insurance-rates-1.10103446
A lesser known fact is that New Jersey is now the 5th most expensive state to own a car , with only lower gas prices ie gas taxes keeping us from last place . ( https://www.bankrate.com/finance/auto/car-ownership-costs-by-state.aspx )
Bankrate analyzed the cost of gasoline, repairs and insurance in all 50 states and the District of Columbia. Labor and parts data were provided by CarMD.com, while gas spending was calculated with statistics from GasBuddy.com and the Bureau of Transportation Statistics. Insurance costs were compiled from National Association of Insurance Commissioners statistics.( https://www.bankrate.com/finance/auto/car-ownership-costs-by-state.aspx#ixzz3VDEPJ73V )
Another reason not to raise the gas tax!
We’re #1, Jersey Strong ! https://www.usatoday.com/story/money/personalfinance/2015/03/21/cheat-sheet-high-property-taxes/24990145/
Raising the gas tax is only for one reason… decades of bad management, deceptive accounting, and the continual awarding of higher wages and benefits to union workers without adequate funding by governors and legislatures. Raising gasoline taxes in a state that is already the nation’s highest taxed isn’t plausible, and it only goes to fund a BLACK HOLE… NJ spends 12X the national average and 3X the next highest state at over $2 million per mile of state road; the whole system is corrupt (see this if you haven’t read it already https://watchdog.org/201704/new-jersey-gas-tax-highways-cost/ ). Given the gravity of the situation, no part of the status quo is acceptable, and yet Senators Sarlo and Sweeney just blindly want to raise taxes on our gasoline to keep their gravy train for overpaid union labor going. Thugs !
No fault insurance. Socialist state won’t allow higher rates in the shit holes of Paterson Camden and Newark so we ALL pay.
It’s all part and parcel of the train wreck democratic controlled government.
9:27 you should really get some help.
Senators Sarlo (who is on the pay roll at Sanzari construction) and Sweeney (who is on the management of the iron workers union) want to raise our gasoline taxes 25c a gallon without asking any questions? To fund a Transportation fund that spends 3X more than the next highest state and 12X the national average on every mile of state road at over $2 million per mile? And our car insurance rates are also going up? Smells fishy…
This is the problem when our lawmakers have never owned a business .
They have no clue how to make a payroll, be competitive, or balance a budget.
Just tax tax tax and spend spend spend.